Submitted by Michael McDonald via OilPrice.com,
The United States was once a projected leader in the nuclear energy race. In the 20th century, the world dreamed of finding a way to provide safe, cheap, and renewable energy, and nuclear power seemed to be the manifestation of those dreams. All of this, however, seems to be coming to an end.
In the latest turn of increasingly more bizarre events leading up the death of North Korean ruler Kim Jong Un's half brother, who as revealed late last week had been poisoned with the deadly VX nerve agent, the arrested Indonesian woman who is one of the suspects in the killing said she was paid $90 to apply a baby oil-like liquid to his face in what she believed was a "prank."
The near-record string of 10 consecutive Dow Industrials record highs, a streak not seen since early 1987, may be about to end if futures, which are currently trading -0.3% lower, fail to stage a rebound.
Over the weekend, following reports that China has banned all North Korean coal imports - in the aftermath of last week's North Korean ballistic missile launch- which marked a troubling escalation in relations between the two formerly "amicable" nations, we discussed how China was tipping its hand that not only was Kim Jong-Un potentially losing a "very big ally", but that it could also lead to "jeopady" for his regime, and a potential political coup in the generally unstable dictatorship.
By EconMatters
We discuss in this video why Technical Analysis is completely useless right now at these elevated levels in the Financial Markets. It literally all comes down to one thing, who is the big seller that chickens out first.